-The Hindu Mysuru: Members of State Federation of Farmers and Sugarcane Cultivators Association staged a demonstration in the city on Sunday demanding India’s exit from the World Trade Organisation (WTO). The demonstration was held heeding the strike call issued by Rashtriya Kisan Mahasangha and is part of a nation-wide agitation being conducted by farmers in support of their demands. Kurubur Shanthakumar, president of Sugarcane Cultivators Association, who addressed the farmers said that ever...
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Have India and South Africa, Lead Sponsors of the TRIPS Waiver Proposal, Reconciled to a Weak Text? -Priti Patnaik
-TheWire.in At the cusp of the 12th WTO ministerial conference, the co-sponsors seem to be giving up on the fight. Geneva: After more than 18 months of bringing their bold proposal at the World Trade Organization (WTO) to temporarily suspend some intellectual property protections to decisively address COVID-19 in an effort to enable local manufacturing capacity, sponsors India and South Africa do not seem to be leading from the front, Geneva-based Trade...
More »Mandi prices of most items above new minimum support prices, only pulses cheaper -Sandip Das
-Financial Express “Soyabean has been selling much above MSP, however, increase in MSP provides positive signals to farmers,” D K Pathak, executive director, Soyabean Processors Association of India, told FE. Mandi prices of several agricultural commodities for which the government had announced a 5-9% increase in minimum support prices (MSPs) for the 2022-23 season are currently ruling above the MSP. Only the prices of pulses are mostly ruling below the benchmark price. Mandi...
More »Is the ban on wheat exports good policy? -Vikas Dhoot
-The Hindu It is ad hoc, hurts farmers’ incomes, and may not impact inflation much Over the last month, the government has banned the export of wheat and imposed quantitative restrictions on outbound sugar shipments. The wheat export ban came within days of a push to enhance India’s wheat supplies to the rest of the world after Russia’s invasion of Ukraine. This is a time of persistently high inflation, spurred by rising...
More »In India, What Explains Distribution Margins and Drug Prices Being Linked? -Murali Neelakantan and Ashish Kulkarni
-TheWire.in A Tata Nano pays the same toll to go from Mumbai and Pune on the expressway as does a Rolls Royce. Why should pharmaceutical products be any different? On May 26, amid news reports about yet another closed-door meeting that the National Pharmaceutical Pricing Authority (NPPA) had had with unspecified stakeholders, we were reminded of an interesting press release that the Ministry of Chemicals and Fertilisers had issued in July 2021. The...
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